IBM shares plunged 25% in their steepest single-day decline since 1968 after the company issued a preliminary earnings warning that fell short of Wall Street expectations. The sharp selloff wiped out more than $100 billion in market value and erased much of the company's AI-driven gains from earlier this year.

IBM blamed weaker-than-expected results on a global memory chip shortage, saying customers redirected spending toward AI servers, storage, and memory hardware instead of software and mainframes. The warning also weighed on the broader technology sector, with software stocks declining while chipmakers and storage companies gained as investors shifted toward AI infrastructure.

IBM shares plunge 25% after shock earnings warning, ai chip shortage hits software demand

Samsung has hinted at its first AI-powered smart glasses through a leaked promotional video. While the company has not confirmed the device, it could compete directly with Meta's Ray-Ban smart glasses as AI wearables become the next major battleground in consumer technology.

Samsung could soon enter the AI glasses race. Here's what the leaks reveal

Samsung Electronics has crossed the $1 trillion market capitalisation mark, becoming only the second Asian company after TSMC to achieve this milestone. Shares of the South Korean chip giant surged over 10 percent, tracking a global rally in artificial intelligence-linked stocks. The trigger is strong first-quarter earnings.

AI Rally Pushes Global Chip Stocks to Record Highs

The Samsung family’s wealth has surged sharply as the global artificial intelligence boom drives massive demand for advanced memory chips and semiconductors. Rising chip prices and record profits in the semiconductor sector have pushed the family’s fortune to an estimated $45.5 billion amid a wider tech market rally. The surge highlights how AI is rapidly transforming the global technology industry, with companies supplying high-performance chips emerging as some of the biggest winners of the new digital race.


Samsung Family Fortune Surges As AI Boom Sparks Massive Chip Demand 

Apple has overtaken Samsung to become the world’s largest smartphone maker in 2025. This marks the first time in 14 years it has shipped more devices than its South Korean rival.


Apple Ships Most Smartphones Globally in 2025 

The iPhone 16 emerged as top top-selling brand in India the previous year, highlighting customers' preference for expensive, long-lasting handsets.

Apple becomes world’s leading smartphone brand, surpasses Samsung: Report

Before becoming tech giants, gaming legends or global retailers, several of them began with surprisingly different products, from paper and dried fish to playing cards and soap. 

Nokia, Samsung, Amazon and more: 6 famous companies that started with totally different products

This deal, confirmed by Elon Musk, aims to bolster Samsung struggling foundry business amidst losses and competition from TSMC. The deal enhances Samsung presence in AI chipmaking and may increase foundry sales by 10% annually. 

Samsung to supply Tesla chips in $16.5 billion deal through 2033

The South Korean tech giant, Samsung, is in advanced talks with multiple AI firms, including OpenAI and Perplexity AI, to bring more generative capabilities to its next flagship lineup, the Galaxy S26, expected in 2025.

Samsung eyes AI expansion beyond Google Gemini for next-gen Galaxy devices

Samsung Electronics warns of a steep Q2 profit decline, down 56% year on year, blaming US chip export controls to China and supply delays to Nvidia, with hopes pinned on a second-half recovery amid foundry and HBM chip headwinds.

Samsung flags sharp Q2 profit drop, blames US curbs on AI chip sales to China

Fuelled by export demand from both global giants, India is on track to capture a record 20 per cent share of global smartphone manufacturing output, according to a report by Counterpoint Research.

Samsung assembled more phones in India than Apple in 2024. But how is India the real winner?

Samsung Electronics co-CEO Han Jong-hee has passed away from a heart attack, as announced by the South Korean tech giant. Watch to know more!

Samsung Electronics Co-CEO Han Jong-Hee dies of cardiac arrest

Samsung Electronics was once the dominant player in a type of semiconductor known as memory, putting it in a great position to capitalise on the boom of artificial intelligence, as detailed in a report by CNBC.

How Samsung lagged in the AI race, resulting in a $126 billion loss

US President-elect Donald Trump has appointed the first member of his cabinet- Susie Wiles as the White House chief of staff. Russian President Vladimir Putin congratulates Donald Trump on his victory in the US presidential election.

Morning brief: Trump announces Susie Wiles as White House chief of staff; Putin hails Trump, and more

Qualcomm said on October 21, it is bringing technology first developed for its laptop chips to its mobile phone chips, aiming to make them more powerful for generative AI tasks as detailed in a report by Reuters.

Qualcomm revamps mobile phone chips for AI, signs Samsung and others

Samsung workers in Tamil Nadu call off an end to their month long strike. Samsung workers demanded better wages and better working condition, they also demanded recognition of their newly formed union.

Samsung Workers End Strike After Month-Long Protest

After thirty-eight days of protest, workers at Samsung Electronics have decided to end the strike and return to work. Centre of Indian Trade Unions (CITU) General Secretary A Soundararajan demanded that the administration must submit before the labour department replies to questions and concerns that were raised by employees.

Samsung India workers call off strike after thirty-eight days

India's leading industry bodies have expressed concern and requested urgent, amicable resolution of the ongoing Samsung workers' protest in Tamil Nadu, Southern India, which has now entered its second month.

India: Industry bodies concerned over Samsung strike entering 2nd month

As the Samsung workers' protest completes a month today, with no end in sight, the Tamil Nadu Police have been cracking down on protestors and the Left-affiliated trade unions backing them.

Cops crack down as Samsung workers' protest completes one month

Samsung Electronics, a leading South Korean technology giant, revealed that its anticipated profit for the third quarter of 2024 is set to disappoint investors on October 7.

Samsung posts disappointing third-quarter profit guidance amid market challenges

The Fortnite developer Epic games has accused Google and Samsung of violating US antitrust law. The game maker has alleged the tech companies of coordinating to block third-party app on Samsung devices, the two companies have been accused of reducing consumer choice and preventing competition that would make app less expensive.

Fortnite Creator Accuses Samsung and Google Of Scheme To Block App Rivals

Automotive giants Hyundai and Kia have partnered with tech leader Samsung to develop cutting-edge in-car infotainment systems. This alliance aims to significantly enhance the integration between smartphones and vehicles, promising a new era of connectivity for drivers and passengers alike.

Hyundai, Kia and Samsung join forces to revolutionise in-car technology

Vodafone Idea Ltd., one of India's prominent telecom operators, has successfully finalised a monumental $3.6 billion deal with technology giants Nokia, Ericsson, and Samsung.

Vodafone Idea completes $3.6 billion deal with Nokia, Ericsson, and Samsung

South Korean firm Samsung is the market leader in India's cost competitive home appliance segment. Market leader Samsung is facing trouble from within, there is a workers protest that has been making headlines. Watch this report for more details!

Why are Samsung workers in India protesting?

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